71.43% probability that NZDUSD may trend upwards

Based on the last 12 Balance of Trade events in United Kingdom, we expect NZDUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > £-11.5B

Historical events that allowed us to draw this conclusion

11 Feb 18:00
10 Dec 18:00
11 Nov 18:00
09 Jul 21:00
11 Jun 16:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).